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87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

LoanSifter logo
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94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

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Loan Origination Software

4.6 195 user ratings

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Overview

Description Loansifter is a PPE platform that allows major brokers to look for the best execution among wholesale investors, helping them to stay competitive and safely implement lucrative lending plans. It evaluates BESTXTM product eligibility and pricing for financing situations across hundreds of investors and thousands of goods in mere seconds. With LoanSifter, you can see a comprehensive pricing grid and instructions for more than 120 wholesale investors with just one click. You can set your own search criteria settings or use a direct LOS interface with Calyx Point or Encompass to save even more time. The Loansifter PPE's features dramatically enhance process efficiency and offer you the insights to quote the best price every time. Users can also customise search defaults to fit their most typical loan circumstances, and they can even establish investor groups to search only the investors they interact with most frequently. With LoanSifter’s versatility, you can receive quotes with fewer clicks and examine results more quickly. Additionally, it also allows you to easily obtain special offers from investors you may not be aware of. Read more LendingPad is a cloud-based loan origination software that offers a complete platform for loan origination solutions for institutions, mortgage brokers, banks, service providers, and lenders. It is specially designed to streamline the lending process, minimize mortgage lending costs, and strengthen communication. This innovatively built platform is fully secured and potently optimizes the complex loan origination process designed by mortgage banking professionals. Moreover, this software allows the user's to originate loans from anywhere with a proper internet connection. Users can incorporate with third-party data providers to manage and connect with leads promptly. This tool can gather data from retail branches, consumer online portals, call centers, and in-house loan officers. The Lender edition comprises functionalities that offer secondary, closing, underwriting post-closing, and funding. Furthermore, to enhance the connectivity and operating efficiency, a range of customization features are offered for Institutions to scale the business to the next level. With processing centers, users can equip contract processing teams to cater to more clients with extensive volumes. LendingPad follows a quotation-based and subscription-based pricing strategy that includes institution edition and broker edition. Read more
Pricing Options
  • Free Trial Not Available
  • Starts at $79.0.
  • Free Trial Not Available
  • Starts at $55.0. Offers Custom plan.
SW Score & Breakdown

87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    83%
  • Reviews
    81%
  • Momentum
    64%
  • Popularity
    69%

94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    93%
  • Reviews
    91%
  • Momentum
    64%
  • Popularity
    81%

Features

Total Features
4 Features
7 Features
Common Features for All
    Audit Trail A record of changes made in chronological order of a user or activity
    Chat (Messaging) Allows users to collaborate better by exchanging views and collect information through chatting or texting
    Client Management (Customer) Facilitates strong necessary data about clients/customers and allows access to it when required
    Compliance Management Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed
    Document Management Ability to store and manage various information and documents in electronic format.
    Workflow Management Helps in managing and ensuring smooth flow of the tasks assigned to a team or organization
    e-Signature Electronic Signatures help users to sign their digital documents remotely
  • + 1 More - Show Less
    • Audit Trail A record of changes made in chronological order of a user or activity
      Chat (Messaging) Allows users to collaborate better by exchanging views and collect information through chatting or texting
      Client Management (Customer) Facilitates strong necessary data about clients/customers and allows access to it when required
      Compliance Management Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed
      Document Management Ability to store and manage various information and documents in electronic format.
      Workflow Management Helps in managing and ensuring smooth flow of the tasks assigned to a team or organization
      e-Signature Electronic Signatures help users to sign their digital documents remotely
  • + 4 More - Show Less
  • Technical Details

    Organization Types Supported
    • Large Enterprises
    • Medium Business
    • Small Business
    • Large Enterprises
    • Medium Business
    • Small Business
    Platforms Supported
    • SaaS/Web/Cloud
    • Mobile - iOS
    • SaaS/Web/Cloud
    • Mobile - iOS
    Modes of Support
    • Business Hours
    • Online
    • Business Hours
    • Online
    API Support
    • NA
    • Available

    Reviews & Ratings

    User Rating
    4.8/5 31 user ratings
    4.6/5 195 user ratings
    Rating Distribution
    • Excellent

      83.9%
    • Very Good

      16.1%
    • Average

      0%
    • Poor

      0%
    • Terrible

      0%
    • Excellent

      73.3%
    • Very Good

      20%
    • Average

      3.6%
    • Poor

      1.5%
    • Terrible

      1.5%
    User Sentiments
      Not Available

      User-Friendly Interface, Efficient Customer Support, Comprehensive Loan Origination System, Seamless Integrations

      Occasional System Slowness, Limited Loan Program Options, Occasional Glitches/Errors, Lack of Cumulative Amortization Schedule

    Review Summary
    Not Available

    User reviews of LendingPad highlight its user-friendly interface, fast processing, and excellent customer support. Users appreciate its intuitive design, making it easy to navigate and complete tasks quickly. The platform’s web-based nature and seamless integration with other systems are also commended. However, some users mention occasional lag or slow loading times, and a few express concerns about limited customization options and a lack of integration with certain third-party services. Overall, the reviews suggest LendingPad is a valuable tool for mortgage brokers and lenders, offering a streamlined and efficient loan origination process.

      Read All User Reviews Read All User Reviews

    AI-Generated from the text of User Reviews

    Pricing

    Pricing Options
    • Free Trial Not Available
    • Starts at $79.0.
    • Free Trial Not Available
    • Starts at $55.0. Offers Custom plan.
    Pricing Plans
    Monthly Plans Annual Plans

    BASE SUBSCRIPTION $79.00 $79.00 per month

    Broker Edition $55.00 $55.00 per month

    Lender Edition Custom

    Processing Edition Custom

     
    View Detailed Pricing
    View Detailed Pricing

    Screenshots & Videos

    Videos Not Available Video Thumbnail
    + 1 More

    Vendor information

    Company Details Located in: Plano, Texas Located in: McLean, Virginia Founded in: 2015
    Contact Details

    844-465-1001

    https://www2.optimalblue.com/loansifter/

    +1 202-796-2790

    https://www.lendingpad.com/

    Social Media Handles

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